Business Model

Business [Re]Ignition: The 7 Rock Solid Elements of Execution Business Model Innovation – Part 1

by Donald McMichael
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In any high stakes ven­ture it is vital, whether for your­self or a client, to have a sus­tain­able edge. War­ren Buf­fet calls it a Durable Com­pet­i­tive Advan­tage and Michael Porter refers to it as a Com­pet­i­tive Advan­tage. Regard­less of the phras­ing, the con­cept is the same. Never move into, or stay in, a space where you […]

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Business [Re]Ignition: The 7 Rock Solid Elements of Executing Business Model Innovation

by Donald McMichael
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If you’ve been liv­ing under a rock for the last five years… First off, wel­come back we need you. Sec­ond, let me get you up to speed. The hottest two busi­ness con­cepts over the last 24 months have been pivot and busi­ness model inno­va­tion. Busi­ness Model Innovation(BMI): the pro­ces by which an orga­ni­za­tion rein­vents how it does […]

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Business Reinvention — the Intro

by Donald McMichael
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Greg Satell does a great job in his recent post ‘The New Media Value Chain’ pin­ning exactly where the media indus­try cur­rently stands. Both Greg and I live at the nexus of media, enter­tain­ment, & tech­nol­ogy and have per­son­ally wit­ness the ground shift under our feet. While Greg comes from a tra­di­tional media (yet emerging […]

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Are You a Courageous Business Leader?

by Donald McMichael
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Boxer Muham­mad Ali and Howard Cosell on ABC’s “Wide World of Sports”… (ABC PHOTO ARCHEIVES)  Span­ning the globe to bring you the con­stant vari­ety of sports. The thrill of vic­tory and the agony of defeat. The human drama… It’s been over 30 years since I first heard that phrase on ABC’s “Wide World of Sports” opening […]

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Business Innovation to my left, Business Models to my right… oh my. – Week’s 5 Best Posts

by Donald McMichael
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photo via Alex Osterwalder’s pho­to­stream (flickr) It was a holiday-shortened week here in the US, but that doesn’t mean I’m going to short­change you. This week my 5 favorite busi­ness and strat­egy post are con­cen­trated on insights one can use to help deter­mine how to play the hand they’ve been dealt when they’re strug­gling feverously […]

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Why Some Businesses Almost Always Make the Right Moves – Week’s 5 Best Posts

by Donald McMichael
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This week my 5 favorite busi­ness and strat­egy post cover: Bet­ter busi­ness mod­el­ing, the why (cap­ture an unfair advan­tage), how (…to main­tain it), and when (6 signs that you need to rinse and repeat). The art of a sweet sci­ence; finan­cial mod­el­ing it’s not just about the num­bers. The Busi­ness Model Can­vas – an entrepreneur-centric remix. […]

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The #1 Most Common Goof In Executing A Business Model

by Donald McMichael
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photo via PatrickS’ (flickr) Pop quiz: Why is a busi­ness model, and the strate­gic value propo­si­tion that binds it together, often treated as if it will stand the test of all time? Is it because the core mar­ket need is con­stant? Is it the fear of scrap­ping exist­ing assets (infra­struc­ture, busi­ness knowl­edge, and/or peo­ple) and the […]

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